On a monthly basis, City staff prepareSummary Financial Reports. These reports summarize the year-to-date activity of the major operating and capital funds.

The City strives to meet or exceed the highest standards in governmental financial reporting. Since 1998, the Finance Department received the Certificate of Achievement for Excellence in Financial Reporting annually from the GFOA (Government Finance Officers Association). This award is presented to governmental entities whose Comprehensive Annual Financial Report (CAFR) achieves the highest standards in government accounting and financial reporting. The CAFR is considered the full set of financial statements for the City and has received a “clean” audit opinion by independent auditors. The information in the CAFR has not been updated for developments subsequent of the date of the independent auditor's report.

The Citizens’ Annual Financial Report is a means of providing residents and businesses with user-friendly information to briefly summarize the financial activities of the City of Sidney. This report is un-audited. For the most part, the data was compiled from the financial information appearing in the City’s CAFR.